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Book keeping – SS1, SS2 & SS3 Curriculum; Scheme of Work; Assessment Tests

Hello and welcome!

ASSURE Educational Services has put-together the scheme of work on Book Keeping  – SS1, SS2 and SS3 based on the National Curriculum and the syllabus of WAEC and NECO. All the topics highlighted in the National Curriculum and the syllabus of WAEC and NECO have been accommodated in our Scheme of Work.

End of term Assessment Tests in SS1, SS2 and SS3 alongside Overall Assessment Tests are available. Schools may adopt our scheme of work because of its simplicity and ease of monitoring of academic activities.

The Scheme of Work stated below is inexhaustible. Schools are encouraged to input weeks and periods of completion of topics in accordance with the academic calendar, number of students and available classes.

SS1 Book Keeping – 1st Term Scheme of Work

Class Term Main Topic Sub-Topics Contents
SS1 1st Term Introduction to Book Keeping 1. Meaning of Book Keeping – definition, history, nature, importance and functions of Book Keeping;
– career opportunities and beneficiaries of book keeping;
– qualities and values of book keepers
2. Assets and Liabilities definition, differences, classification and examples of Assets  and Liabilities.
3. Business Transactions – meaning and types of business transactions;
– parties involved in business transactions
4. Classification of Accounts – personal accounts (debtors and creditors);
– Impersonal accounts (real and nominal)
5. Source Documents – definition, identification, types and uses of source documents.
Concepts and Conventions Definition, identification and the differences between concepts and conventions.
Books of Original Entry Definition, purpose, types, format, uses and preparation of Books of Original entry

SS1 1st Term Assessment Test – Bookkeeping (Set 1) – FREE Access – Click Here!



SS1 Book Keeping – 2nd Term Scheme of Work

Class Term Main Topic Sub-Topics Contents
SS1 2nd Term Ledger and Principles of Double Entry 1. Ledger definition, classification, format, uses and preparation of   ledgers.
2. Principles of Double Entry meaning, history, rules and making double entries
Cash Book Meaning, purpose, description, differences and preparation of
– single column;
– double column;
– three column;
– petty cash book
Bank Reconciliation Statement – meaning and purpose
– terminologies and banking documents
– causes of differences between cash book and bank statement balance





SS1 Book Keeping – 3rd Term Scheme of Work

Class Term Main Topic Sub-Topics Contents
SS1 3rd Term Trial Balance and Errors – meaning and functions of trial balance;
– rules and preparation of trial balance;
– meaning, types, classification of errors;
– correction of errors and preparation of Suspense Account.
Financial Statements of Sole Proprietorship 1. Trading Account – definition, purpose, format and preparation of simple Trading Account;
– methods of valuing stock (FIFO and LIFO).
2. Profit and Loss Account –  definition, purpose, format and preparation of Profit and Loss Account
3. Balance Sheet – meaning, content, format and preparation of a simple balance sheet
Adjustments to Financial Statements

1. Adjustment for prepayments, accruals, depreciation, bad and doubtful debts;
2. Meaning and methods of depreciation (straight line and reducing balance)



SS2 Book Keeping – 1st Term Scheme of Work

Class Term Main Topic Contents
SS2 1st Term Control Accounts Meaning and preparation of Sales Ledger and Purchases Ledger Control Accounts.
Single Entry and Incomplete Records Meaning, limitations and preparation of final accounts from incomplete records
Accounts of Not-For-Profit Making Organizations Purpose, content and preparation of Receipts and Payments Accounts, Income and Expenditure Account.





SS2 Book Keeping – 2nd Term Scheme of Work

Class Term Main Topic Contents
SS2 2nd Term Manufacturing Accounts – meaning, purpose and terminologies;
– preparation of Manufacturing, Trading, Profit and Loss Accounts.
Partnership Accounts – meaning and terms:
– partnership deed, drawings, interest on capital, interest on drawings;
– preparation of Capital and Current Accounts, Profit and Loss and Appropriation Account and Balance Sheet;
– admission of new partners and Goodwill Account.
Joint Venture Accounts – meaning and purpose;
– differences between joint venture and partnership.



SS2 Book Keeping – 3rd Term Scheme of Work

Class Term Main Topic Contents
SS2 3rd Term Departmental and Branch Accounts – importance and differences;
– preparation of Departmental and simple Branch Accounts.
Introduction to Company Accounts – formation and terminologies;
– preparation of simple financial statements.
Interpretation of Accounts – Purpose and computation of ratios:
– net profit margin;
– stock turnover;
– quick ratio;
– acid test ratio;
– gross profit margin;
– return on capital employed.
Purchase of Business Reasons, terminologies and preparation of accounts related to purchase and sale of business.





SS3 Book Keeping – 1st Term Scheme of Work

Class Term Main Topic Contents
SS3 1st Term Consignment Accounts Terminologies and preparation of simple Consignment Accounts.
Hire Purchase Meaning and preparation of accounts in the seller’s and hirer’s books.
Contract Accounts – meaning, purpose and terminologies;
– preparation of Contract Accounts
Cooperative Accounts Meaning and objectives of cooperative societies

SS3 Book Keeping – 2nd Term Scheme of Work – Revision Class



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